(A) It is the responsibility of the department heads to act as, or designate, a steward for each asset covered by this policy. The steward will become the focal point for questions regarding the availability, condition and usage of the asset, as well as the contact person during the physical inventory process.
(B) The steward shall record the receipt of the asset, examine the asset to make sure that no damage was incurred during shipment and make sure that the asset was received in working order.
(C) (1) The steward is also responsible for arranging for the necessary preventative maintenance and any needed repairs to keep the asset in working condition.
(2) It is necessary to have a responsible person available for questions that arise during a physical inventory or when someone wants to borrow the asset.
(3) The steward ensures that the asset is used for the purpose for which it was acquired and that there is no personal or unauthorized use. In addition, the steward should report any property damage of theft.
(2014 Code, § A3.4(3))